Holland, AR is a small rural town located in the east of Arkansas. It has a population of around 500 people and is known for its friendly atmosphere and strong community spirit. The cost of living in Holland is considerably lower than that of the US as a whole; rent for two-bedroom apartments is $880 compared to the US average of $1,430, while the grocery cost index is 96 versus 100 nationwide. In terms of local businesses, Holland boasts several family-owned stores like Holland Grocery and Big Boy BBQ Shack, as well as other services like Home Auto Repair and The Dutch Oven Bakery.
Holland has an unemployment rate of 4.2%. The US average is 6.0%.
Holland has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Holland
- The Sales Tax Rate for Holland is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Holland is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Holland
- The average income of a Holland resident is $21,382 a year. The US average is $28,555 a year.
- The Median household income of a Holland resident is $58,125 a year. The US average is $69,021 a year.